Intel Capital

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...

Online marketplace for small and medium businesses, Indiamart, has raised a new round of funding from Amadeus Capital Partners. The amount of the funding is yet to disclosed. Indiamart has revealed that it will be using the funding primarily...